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Economics Past Questions

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401
Which of the following methods is most likely to lead an economy?
  • A. An increase in wages and profits
  • B. An increase in consumer demand
  • C. A greater fraction of national Product going into investment
  • D. A countinuous rise in bank loans
View Answer & Discuss JAMB 1986
402
The difference between the Gross Domestic Product and the Gross National Product is?
  • A. allowance for total depreciation
  • B. total interest payments
  • C. total tax and interest payments
  • D. net income from aboard
View Answer & Discuss JAMB 1986
403
Which of the following strategies will provide more employment opportunities for Nigerians?
  • A. Investment in social services
  • B. Industrialization
  • C. Economics planning
  • D. Eradication of illiteracy
View Answer & Discuss JAMB 1986
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404
An nation's distribution of income shows?
  • A. the value of all goods produce inthe economy
  • B. how income is divided among different groups
  • C. where the economy system is on its production possibility curve
  • D. the consumption behaviour of the people
View Answer & Discuss JAMB 1986
405
A production possibility curve shows?
  • A. how much of the resources of society are used to produce a particular commodity
  • B. the rate of inflation
  • C. the rate of unemployment in the economy
  • D. the various combinations of two commodities that can be produced
View Answer & Discuss (3) JAMB 1987
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